. Even the currencies of poor nations are galloping upward in $ parity, because they are linked to Euro. This is due to USA …

During the 1990’s the Japanese yen proved astonishingly strong despite the persisting recession. This paper tracks the … origins of the high yen. It analyses the influence of interest rates, prices and foreign exchange policy on the yen …. Since prices have been exerting their influence on the Japanese currency in the long run, the high yen is explained with …

The paper analyses the causality between the Japanese-US relative export prices and the yen-dollar exchange rate. It … explains why the Japanese yen proved strong even during the economic slump of the 1990s. The paper suggests that the … appreciation of the Japanese yen forced the Japanese enterprises into price reductions and productivity increases, which put a …

This paper briefly discusses the possible effects of the introduction of the Euro on Turkish economy. It is mainly …. (2000), 'Euro'nun Türkiye Ekonomisi Üzerindeki Etkileri Hakkýnda'. Euro El Kitabi. Ankara: TCMB, s. 315-328. Internet: http://politics.ankara.edu.tr/~kibritci/publications.html. …

to the euro adoption than what can be expected from the acceding countries in the forthcoming years. If acceding … countries sail too fast towards the euro, their sailing may not be as smooth as the one of frontrunners. …

participating in EMU. The focus is on substitution between dollar and euro balances in the three basic functions of money – unit of … between a domestic currency and aggregate foreign currency balances, we look for substitution between the dollar and the euro … or euro-related foreign currency balances. We find substitution between dollarization and euroization to be asymmetric in …

This paper calculates the equilibrium exchange rates for the Euro and the rest of the G-7 currencies. Building on the … fundamentals underlying the behaviour of the real exchange rate. Panel cointegration techniques allow for the extraction, using an … multilateral equilibrium real rates into bilateral equilibrium nominal rates. The results uncover that the Euro was slightly …

One of the major economic changes of 2003 is the depreciation of the USD especially against the euro and also against a … early 2002 scenario when the Euro remained passive to the positive Euro zone outlook. …